BristolExcelLegend

Appreciate the comments. The base mortgage repayments vs the base rental payments will be 350 lower. Both situations require general maintenance, home insurance etc so I think the costs will be comparable. There may be more maintenance owning the house but that's an unknown right now. The walls could fall in or nothing could happen. Tough to plan for that.

My biggest outgoings are :

• rent £900
• credit card debt £350 a month, total of £6000 left. For every £350 payment, around £200-250 comes off my balance due to interest. I can't switch it to another card to reduce interest.

Basically, my question is, I'm getting a bonus from work soon and I have two options :

1. Pay off my credit card completely
2. Use it for a house mortgage deposit, which would remove my rent payment and replace it with a mortgage payment of around £550.

I'm tempted to just get on the property market and use the rent saving to pay more off the credit card going forward but every financial expert I hear always says to get rid of credit card debt first.

What's your thoughts?